CleanCore Solutions to raise $175M for DOGE treasury; shares plummet

New York Stock Exchange-listed CleanCore Solutions (ZONE) announced it plans to raise $175 million through a Private Investment in Public Equity (PIPE) to invest in Dogecoin (DOGE). The proceeds will be used for a DOGE-focused treasury strategy. Following the announcement, ZONE's stock price has fallen 57.54% from the previous trading day to $2.90.